Turnovers on the money market in the week of 19 – 23 October 2015
In the week of 19 – 23 October 2015 a regular survey was conducted on the daily average turnovers on the money market. This survey is carried out by the Czech National Bank regularly four times a year – always in January, April, July and October.
As compared to July figures the daily average turnover of deposit operations increased from CZK 67.2 bln. to CZK 88.6 bln. that was driven mainly by growth (of 35 percent) in O/N trades with non-residents. Their share on the total volume reached 95 percent. In terms of maturity, the most significant were those with the maturity up to 1 week (99 percent), in particular O/N operations comprising almost 96 percent share of the total turnover. The volume of repo operations went down in the surveyed period thus their share on the total turnover decreased to 1 percent.
The turnover of derivative transactions IRS (Interest Rate Swap) decreased by 55 percent in comparison to July figures. The FRAs (Forward Rate Agreement) were not traded in the surveyed period at all.